UBS Group Upgrades Saab (OTCMKTS:SAABY) to Strong-Buy

Saab (OTCMKTS:SAABY) was upgraded by equities research analysts at UBS Group from a “hold” rating to a “strong-buy” rating in a report issued on Monday,Zacks.com reports.

Saab Stock Performance

Shares of SAABY stock opened at $19.98 on Monday. Saab has a fifty-two week low of $9.68 and a fifty-two week high of $20.65. The business’s 50-day simple moving average is $14.06.

About Saab

Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets worldwide. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft.